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Related parties
12 Months Ended
Dec. 31, 2020
Disclosure of transactions between related parties [abstract]  
Related parties [Text Block]

29.Related parties

(a) Group companies

The financial statements include the financial statements of the Company and the following significant subsidiaries:

 

 

 

 

Beneficial

ownership of

ultimate

controlling

party (Hudbay

Minerals Inc.)

         

Name

Jurisdiction

Business

Entity's Parent

2020

2019

HudBay Marketing & Sales Inc.

Canada

Marketing and sales

HMI

100%

100%

HudBay Peru Inc.

British Columbia

Holding company

HMI

100%

100%

HudBay Peru S.A.C.

Peru

Exploration/development

Peru Inc.

100%

100%

HudBay (BVI) Inc.

British Virgin Islands

Precious metals sales

Peru Inc.

100%

100%

Hudbay Arizona Inc.

British Columbia

Holding company

HMI

100%

100%

Rosemont Copper Company

Arizona

Exploration/development

HudBay

Arizona

(US)

Holding

Corporation

100%

100%

Transactions between the Company and its subsidiaries, which are related parties of the Company, have been eliminated on consolidation and are not disclosed in this note.

(b) Compensation of key management personnel

The Company's key management includes members of the Board of Directors, Hudbay's Chief Executive Officer, Hudbay's senior vice presidents and vice presidents. Total compensation to key management personnel was as follows:

    2020     2019  
Short-term employee benefits1 $ 7,951   $ 8,319  
Post-employment benefits   639     762  
Long-term share-based awards   6,381     6,966  
  $ 14,971   $ 16,047  

1 Such as salaries and social security contributions, paid annual leave and paid sick leave, profit-sharing and bonuses and nonmonetary benefits (such as medical care, housing, cars and free or subsidized goods or services) for current employees.